The incumbent CFPB director remains in his position, but most believe it’s only a matter of time before President Trump removes him Thursday marks the third full day of the second Trump administration, and the Consumer Financial Protection Bureau (CFPB) ...

KEY TAKEAWAYS In the final days of Joe Biden's administration, the CFPB issued a flurry of new rules and regulations, including banning medical debt from credit reports and restricting late fees and overdraft fees. Incoming president Donald Trump could reverse ...

LA CROSSE, Wis. (WXOW) -- Mid-January, Marine Credit Union (MCU) surprised The Good Fight Community Center with a $9,500 donation. The Good Fight's mission, according to its website, it to provide at-risk and disadvantaged youth with a safe environment to grow ...

Strong repudiation of CBDCs: In an executive order released yesterday (called "Strengthening American Leadership in Digital Financial Technology"), Trump gave those who care about financial privacy a very clear win. The Trump administration, through this executive order, commits to "providing regulatory ...

TransUnion has agreed to acquire a majority share in Trans Union de Mexico, the consumer credit arm of Mexican credit bureau Buró de Crédito, for approximately $560 million (MXN 11.5 billion). TransUnion buys majority stage in Trans Union de Mexico ...

Several big banks have agreed to offer up to a 90-day grace period on mortgage payments for those who lost their homes in the Los Angeles area wildfires. According to Gov. Gavin Newsom's office, Bank of America, Citi, JPMorgan Chase, ...

Governor Gavin Newsom announced that five major financial institutions have agreed to provide mortgage relief for property owners affected by the recent firestorms in Los Angeles and Ventura Counties. Bank of America, Citi, JPMorgan Chase, U.S. Bank, and Wells Fargo ...

Lina Khan, a prominent advocate of strong antitrust enforcement, has announced her resignation as chair of the US Federal Trade Commission (FTC) in a memo to staff. Her departure, set to occur in the coming weeks, marks the end of ...

American Express has agreed to pay $230 million to settle charges for alleged deceptive sales of credit card and wire transfer products to small business customers The payments giant agreed to a settlement of $138.4 million, with an additional $108 ...